Calle urges parties to account

Only 6 out of 10 political parties submitted their audited financial statement during the past two financial years.
Ndamanguluka Nakashole
NDAMA NAKASHOLE



Finance minister Calle Schlettwein has urged each political party to remain accountable to the public in regard to the public funds it receives.

The figures made available by the minister last Thursday in Parliament reveal that during the 2015/16 financial year, only the APP, NUDO, PDM, RDP, SWANU and Swapo party complied with the law.

In respect to the 2016/17 financial year, the complying parties are Swapo, NUDO, PDM, RDP, UDF and UPM.

According to the records at the Electoral Commission of Namibia, quoted by Schlettwein in his response, although compliance vary by each financial year, 8 out of 10 political parties have submitted their audit reports to the commission since 2014.

“On the basis of these compliance records, the Republican Party and the Workers Revolutionary Party have consistently not submitted their audited statements while APP, SWANU, UDF and UPM submissions were inconsistent over the past two years,” said the minister.

In terms of Section 158 of the Electoral Act, (Act No 5 of 2014) political parties represented in Parliament are accountable to the public on the management and utilisation of the taxpayers' money they receive as funding from the national budget. Each financial year, all parties represented in Parliament receive funding from the national budget in line with the proportional representation.



Publishing

Asked why the reports of these parties were not published in at least two daily newspapers as provided for by the law, Schlettwein said: “In terms of Section 158 (6) of the Electoral Act, it's the responsibility of the accounting officer of a political party to ensure that an abridged version of the accounts of a political party is published in at least 2 daily newspapers within 7 days (after) submission of the audited statements to the commission.”

Because of this, Schlettwein said accounting officers of the respective political parties are better placed to account for the publication of their party financials.

The minister further announced that his party, Swapo, had published its 2016/17 financials in 2017 and that audits for 2017/18 are in progress.



Suspension

Although there has been non-compliance by some of the parties, as well as inconsistent compliance by some, no party has had their allocated funds suspended to date. Section 158(8) states that the electoral commission may order the suspension of allocated monies if the commission is, on reasonable grounds, satisfied that the political party has failed to comply with any requirement of the Electoral Act.

Schlettwein said that the ECN is seized with this matter.

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Namibian Sun 2024-05-07

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 314.50/OZ UP +0.89% | Copper US$ 4.57/lb UP +0.78% | Zinc US$ 2 958.00/T UP -0.08% | Brent Crude Oil US$ 84.13/BBP UP +0.35% | Platinum US$ 977.90/OZ UP +3.04% Sport results: Premier League: Crystal Palace 4 vs 0 Manchester United | Liverpool 4 vs 2 Tottenham Hotspur | Brighton 1 vs 0 Aston Villa | Chelsea 5 vs 0 West Ham | Manchester City 5 vs 1 Wolves | Brentford 0 vs 0 Fulham | Sheffield United 1 vs 3 Nottingham Forest | Burnley 1 vs 4 Newcastle | Arsenal 3 vs 0 Bournemouth LaLiga: Rayo Vallecano 0 vs 1 Almería | Sevilla 3 vs 0 Granada | Valencia 0 vs 1 Deportivo Alaves | Celta Vigo 3 vs 2 Villarreal | Osasuna 0 vs 2 Real Betis | Mallorca 0 vs 1 Atletico Madrid | Girona 4 vs 2 Barcelona | Real Madrid 3 vs 0 Cadiz | Real Sociedad 2 vs 0 Las Palmas SerieA: Udinese 1 vs 1 Napoli | Salernitana 1 vs 2 Atalanta | AS Roma 1 vs 1 Juventus | AC Milan 3 vs 3 Genoa | Empoli 0 vs 0 Frosinone | Hellas Verona 2 vs 1 Fiorentina | Cagliari 1 vs 1 Lecce | Sassuolo 1 vs 0 Inter Milan | Monza 2 vs 2 SS Lazio European Championships Qualifying: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End English Championship: Plymouth Argyle 1 vs 0 Hull City | Birmingham City 1 vs 0 Norwich City | Coventry City 1 vs 2 Queens Park Rangers | Stoke City 4 vs 0 Bristol City | Swansea City 0 vs 1 Millwall FC | Leeds United 1 vs 2 Southampton | Ipswich Town 2 vs 0 Huddersfield Town | Sunderland 0 vs 2 Sheffield Wednesday | Rotherham United 5 vs 2 Cardiff City | Middlesbrough 3 vs 1 Watford | Leicester City 0 vs 2 Blackburn Rovers | West Bromwich Albion 3 vs 0 Preston North End Weather: Katima Mulilo: 18° | 35° Rundu: 20° | 35° Eenhana: 16° | 35° Oshakati: 17° | 34° Ruacana: 16° | 35° Tsumeb: 19° | 32° Otjiwarongo: 15° | 32° Omaruru: 15° | 34° Windhoek: 15° | 29° Gobabis: 15° | 30° Henties Bay: 14° | 19° Wind speed: 26km/h, Wind direction: S, Low tide: 08:49, High tide: 02:42, Low Tide: 20:58, High tide: 15:11 Swakopmund: 15° | 16° Wind speed: 36km/h, Wind direction: SW, Low tide: 08:47, High tide: 02:40, Low Tide: 20:56, High tide: 15:09 Walvis Bay: 14° | 22° Wind speed: 38km/h, Wind direction: S, Low tide: 08:47, High tide: 02:39, Low Tide: 20:56, High tide: 15:08 Rehoboth: 14° | 31° Mariental: 16° | 30° Keetmanshoop: 13° | 28° Aranos: 16° | 32° Lüderitz: 16° | 25° Ariamsvlei: 14° | 26° Oranjemund: 14° | 20° Luanda: 25° | 29° Gaborone: 16° | 31° Lubumbashi: 16° | 27° Mbabane: 14° | 29° Maseru: 10° | 26° Antananarivo: 11° | 20° Lilongwe: 16° | 28° Maputo: 18° | 31° Windhoek: 15° | 29° Cape Town: 14° | 18° Durban: 19° | 26° Johannesburg: 17° | 27° Dar es Salaam: 23° | 31° Lusaka: 18° | 29° Harare: 14° | 29° Economic Indicators: Currency: GBP to NAD 23.09 | EUR to NAD 19.88 | CNY to NAD 2.56 | USD to NAD 18.48 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.67 | ZWL to NAD 0.04 | BRL to NAD 3.63 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.67 | USD to KES 132.48 | USD to NGN 1382.9 | USD to ZAR 18.48 | USD to ZMW 27.07 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76929.5 Up +0.20% | Namibian Stock Exchange (NSX) Overall Index 1715.92 Up +1.01% | Casablanca Stock Exchange (CSE) MASI 13362.48 Down -0.31% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +3.34% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 314.50/OZ UP +0.89% | Copper US$ 4.57/lb UP +0.78% | Zinc US$ 2 958.00/T UP -0.08% | Brent Crude Oil US$ 84.13/BBP UP +0.35% | Platinum US$ 977.90/OZ UP +3.04%